Lithic
Company

Last deal

$60M

Amount

Series C

Stage

29.07.2021

Date

3

all rounds

$115.4M

Total amount

date founded

Financing round

General

About Company
Lithic is a fintech startup that provides virtual cards and a card issuing platform.

Industry

Sector :

Subsector :

Also Known As

Privacy.com

founded date

01.01.2014

Number of employees

Company Type

For Profit

Last funding type

Series C

IPO status

Private

Description

Lithic's accessible building blocks reduce time to market, unlock new revenue streams, and scale with evolving businesses, making it easy to create payment cards for customers, optimize back-office operations, or simplify disbursements without lengthy MSAs or sales demos, and with simple pricing and no expensive monthly fees.
Contacts

Contact Email

Social url

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Money Raised

Their latest funding was raised on 29.07.2021. Their latest investor Teamworthy Ventures. Their latest round Series C

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5

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Charles Birnbaum

Charles Birnbaum

Mr. Charles Birnbaum serves as a Partner at Bessemer Venture Partners. He serves as a Board Member at Alloy, Lithic, Shift Technology & Staircase. He served as Observer at OMsignal. He serves as a Board Member at Farther. As a partner, he will continue to focus on financial services, and consumer and education investments. He serves as Board Member at Oper Credits. He served as Vice President at Bessemer Venture Partners. He also serves as a Board member at Electric Objects. He focuses on investments in financial services, education, the Internet of things, and consumer Internet sectors and has helped lead Bessemer's assets in August Home, Quantopian, OMsignal, Abacus, BrightBytes, and Main Street Hub. He served as Board Member at Eave and Spruce. He currently represents BVP as a director and is actively involved at August Home, Betterment, BrightBytes, Main Street Hub, OMsignal, Quantopian, and Yodle. Before joining BVP, he spent more than three years at Foursquare, the location-based mobile application company in New York, helping create and bring to market some of Foursquare's first merchant-facing tools. As the company grew, he became the director of mobile and international business development. He focused on building strategic partnerships with carriers and OEMs while leading the company's business development efforts in key growth markets such as Brazil, Russia, and Turkey. Prior to Foursquare, he spent six years in investment banking and equity capital markets focusing on the technology, media, and telecom sectors and executed more than 50 equity and equity-linked public offerings. He holds a Master of Business Administration from the Wharton School, a Master of Arts in international studies from the Lauder Institute at the University of Pennsylvania, and a Bachelor of Arts in History from Northwestern University. He currently serves on the board of Zopa and Fabric and was involved in the exits of Yodle, 2U, and Kroll Bond Ratings. He also served as Board Member at United Capital Financial Partners.

current job

Bessemer Venture Partners
Bessemer Venture Partners

People

Founders
3
David Nichols
David Nichols

David Nichols

current job

Privacy.com
Privacy.com

organization founded

1

David Nichols

Jason Kruse
Jason Kruse

Jason Kruse

Jason Kruse has 2 current jobs as Co-founder & CTO of Lithic and Co-Founder & CTO of Privacy.com. He is a former Software Engineer at Expensify. He attended the University of Nebraska-Lincoln.

current job

Lithic
Lithic

organization founded

1

Jason Kruse

Boling Jiang
Boling Jiang

Boling Jiang

Bo Jiang,CEO at Lithic.

current job

Lithic
Lithic

count Of Investments

3

Boling Jiang

Employee Profiles
16
Clarissa Horowitz

Clarissa Horowitz

Head Of Marketing

Brendan Doyle

Brendan Doyle

Engineering Manager

Kamran Ansari

Kamran Ansari

Private Investor

Suchit Patil

Suchit Patil

Chief Operating Officer

David Nichols

David Nichols

Lead Designer / CDO

Jason Kruse

Jason Kruse

Co-founder & CTO

Boling Jiang

Boling Jiang

Co-founder & CEO

Jonathan Shin

Jonathan Shin

Head of Finance

Activity

Recent News
1